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Which of the following statements about cost allocation is most correct? a. The direct method of allocation recognizes services provided by support departments to one
Which of the following statements about cost allocation is most correct?
a. The direct method of allocation recognizes services provided by support departments to one another.
b. The step-down method must recognize all intra-support department costs.
c. A cost driver is any grouping of overhead costs that must be allocated.
d. None of the above statements is correct.
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